BUA Cement posted a one-quarter jump in pre-tax profit to N102.9 billion in 2021, 30.4 per cent higher than the previous years. while net profit advanced by 24.5 per cent to N90.1 billion, according to...
BUA Cement has explained the fire incident at its Sokoto plant complex on Friday. In a statement by Sada Sulaiman, Assistant Director, Administration Service sent to QUICKREAD, the company said the explosion was an isolated...
Abdul Samad Rabiu, chairman of BUA Group, says middlemen and other manufacturers of cement are responsible for the high cost of the product in the country. Rabiu said this over the weekend while speaking with state...
President Muhammadu Buhari has praised the BUA Group for its achievements in narrowing the gap between demand and supply of cement in the country. A statement by Spokesman Femi Adesina, said President Buhari spoke on Friday...
The Rabiu Initiative for Africa (ASRi) a brainchild of the Chairman/Founder of BUA Group, Alhaji Abdulsamad Rabiu, yesterday donated advanced state –of-the-art medical laboratory equipment to the Capital Health Surgical Center in Abuja. The occasion...
The National Sugar Development Council (NSDC) has commended BUA Foods Plc over the level of progress made at its wholly owned subsidiary, LASUCO Sugar Company Limited (“LASUCO”) which sits on 20,000 hectares of arable land...
Aliko Dangote, president of the Dangote Group, has, for the 11th consecutive time, been named Africa’s richest person — with a net worth of $13.9 billion – up from $12.1 billion last year. Forbes, an American...
BUA Foods recorded a 6.68 per cent increase of profit in nine months to September 2021, according to its unaudited financials, an improvement hinged on earnings growth. Turnover stood at N79.7 billion, 6.8 per cent higher...
BUA Foods Plc, a subsidiary of BUA Group, says it will commence rice production in the second half of 2022. Ayodele Abioye, managing director, BUA Foods Plc, said this on Tuesday while presenting the company’s “Facts...
BUA Foods Plc attained quoted company status after it listed 18 billion ordinary shares in Lagos on Thursday, the firm said, the high point of weeks of transformation and meeting authorities’ as well as regulators’...